Ticker Sense

2007 Financial Blogger Outlook Part III: The Economy, Oil, Gold, Currencies and Housing

For Part 3 of our 2007 Financial Blogger Outlook, we asked participants for their thoughts on various economic topics.  Sixty-two percent of those surveyed believe that there will NOT be a recession in the US in 2007.  The average estimate for the price of oil at year-end 2007 is $67 -- $4 higher than the current price. 

Bloggers are considerably more bearish on the housing market and the US dollar than they are bullish.  However, the outlook for US Treasuries in 2007 is positive, which would be a big plus for the housing market.  Please see the charts and tables below for more details on the blogger outlook.  And be sure to check out the blogs of our participants by clicking on their links at the bottom of the page.  We'll have one more post with a couple other off-hand topics to finish off our survey later in the week.

 

2007 Financial Blogger Outlook Participants:

24/7 Wall Street  Ant & Sons  Bill a.k.a. nodoodahs  Carl Futia  Confused Capitalist  Fly on the Wall  Daily Dose of Optimism  Daily Options Report  Elliot Wave Lives On  Fallond Stock Picks  Global Economic Trend Analysis  Hedgefolios  In The Money  Information Arbitrage  Daily Blog Watch  Knight Trader  ChrisPerruna.com  Millionaire Now  Peridot Capitalist  Quant Investor  Random Roger's Big Picture  SelfInvestors  Shark Report  Stock Advisors  Tale of the Tape  Trader Tim  Wall St. Warrior  WindRiver Blog  Yaser Anwar 

2007 Financial Blogger Outlook Part II: Stock Picks

For Part 2 of our 2007 Financial Blogger Outlook, we highlight the individual stock picks of our participants.  In addition to asking each blogger for their own recommendations, we asked six more stock specific questions:

-Where will GOOG close at the end of 2007?

-Where will BRK/A close at the end of 2007?

-Which stock will perform better: MSFT or AAPL, DELL or HPQ, AMD or INTC, and NMX or CME?

The expected change in 2007 for GOOG based on our survey is 7.60% ($498 price target), and the average change for Berkshire (BRK/A) is -0.85% ($112,488 price target).

In our head to head competitions, AAPL is expected to perform better than MSFT, DELL edges out HPQ, INTC beats AMD, and CME beats NMX.  Please see the table below for individual answers.  As always, we thank all of our participants for contributing.  Check back soon for Part 3 of our Outlook for economic, oil, and home price expectations in 2007.

2007 Financial Blogger Outlook Participants:

24/7 Wall Street  Ant & Sons  Bill a.k.a. nodoodahs  Carl Futia  Confused Capitalist  Fly on the Wall  Daily Dose of Optimism  Daily Options Report  Elliot Wave Lives On  Fallond Stock Picks  Global Economic Trend Analysis  Hedgefolios  In The Money  Information Arbitrage  Daily Blog Watch  Knight Trader  ChrisPerruna.com  Millionaire Now  Peridot Capitalist  Quant Investor  Random Roger's Big Picture  SelfInvestors  Shark Report  Stock Advisors  Tale of the Tape  Trader Tim  Wall St. Warrior  WindRiver Blog  Yaser Anwar 

Financial Bloggers Expect the S&P 500 to Rise 2.39% in 2007; Ticker Sense's 2007 Financial Blogger Outlook

The new year is upon us, and with the continual rise in prominence of financial bloggers, Ticker Sense is pleased to introduce the first annual "Financial Blogger Outlook" survey.  We polled 29 of the web's best financial bloggers on a multitude of topics to gain a consensus view on the markets in 2007.  In a three-post series, we will highlight all of the answers to our poll questions and eventually conclude with a spreadsheet that lists each blogger with all of their opinions.

For the first part of our survey, we focus on consensus equity market views.  Below is a table listing 2007 year-end S&P 500, DJIA, and Nasdaq price targets from each of our participants.  As shown, the averages forecast a change of 2.39% for the S&P 500, 2.20% for the Dow, and 3.47% for the Nasdaq.  The most bullish blogger on the S&P 500 is Bill a.k.a. NO DooDahs followed closely by Information Arbitrage.  The most bearish is TraderTim and Mish's Global Economic Analysis.

When asked about specific sector performance in '07, bloggers clearly favored technology, energy, and health care and opposed consumer discretionary, utilities, and telecom.

We also asked financial bloggers whether large cap or small caps would outperform in '07 and if growth or value stocks were more attractive.  From our poll results, large cap growth is favored the most.

In the next part of our Outlook, we will take a look at individual stock picks.

2007 Financial Blogger Outlook Participants:

24/7 Wall Street  Ant & Sons  Bill a.k.a. nodoodahs  Carl Futia  Confused Capitalist  Fly on the Wall  Daily Dose of Optimism  Daily Options Report  Elliot Wave Lives On  Fallond Stock Picks  Global Economic Trend Analysis  Hedgefolios  In The Money  Information Arbitrage  Daily Blog Watch  Knight Trader  ChrisPerruna.com  Millionaire Now  Peridot Capitalist  Quant Investor  Random Roger's Big Picture  SelfInvestors  Shark Report  Stock Advisors  Tale of the Tape  Trader Tim  Wall St. Warrior  WindRiver Blog  Yaser Anwar